48 ordspråk av Gerald Grinstein
Gerald Grinstein
I do think consolidation is ahead for our industry.
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I think the whole company gave it a good shot, ... But there were some things we just couldn't catch up with, and among those was fuel.
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I want to assure you. Delta is open for business as usual.
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If it needed emphasis, underline and exclamation point, Katrina did that,
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If we had a work stoppage that had a substantial effect on our operations for 48 hours, they have the right to call the loans, and I think they would call them.
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If we had fuel at the price it was three years ago, we would have had probably record operating profits in the first and second quarters of the year. That's how much fuel has impacted Delta.
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It is a situation where in a rational world, their interests are served better by not striking. They may say they are ready to follow the order to go on strike, but to be anxious to go out and strike is quite another thing altogether.
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It remains our strong preference to reach a consensual agreement that is equitable and that helps Delta realize the cost reductions that will enable it to survive and to successfully restructure. I believe these are not mutually exclusive goals and, in the best interest of the company and everyone concerned, we will proceed in good faith in an attempt to realize them.
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It was a great learning experience, ... and it gave us the chance to test ideas and to bring them over.
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It's a race against time. These companies in bankruptcy are very fragile.
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need to preserve as much cash as possible.
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On the one hand, I'm very confident about the future, but it is also important to see that this is a very fragile period for the company.
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Our transformation will be sweeping and faced-paced,
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Song wasn't a ticket to disaster,
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That certainly cannot rise to the level of the pilot situation.
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